$1,660,000
●
House -
Off Market
5982 Cavanaugh Drive
Raleigh, NC 27614
5 Beds
5 Baths,
2
Half Baths
8,306 Ft²
$1,944,500
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Live well & entertain well! Pretty custom home has it all. Many
areas for virt. learning, working & places to experience utmost
relaxation. Play in the huge, fenced, priv. yard, soak up the sun
in the salt water pool, cook & entertain in the open concept
kitch/fam room, exercise in the gym, watch movies in the home
theatre, get cozy around 4 fireplaces, enjoy a large fin. basement,
huge bonus room, 4 car gar., ample unfin. stor. & 3rd flr wlk up
attic. Prime cul de sac loc. See full FEATURES in MLS docs.
Unit Size
8,306 Ft²
Days on Market
-
Land Size
1.26 acres
Price per sqft
$193
Property Type
House
Property Taxes
$894
HOA Dues
$600
Year Built
2005
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (TMLS #2364030)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2021 | Sold | ||
| Sold | |||
| Jan 29, 2021 | Listed by Allen Tate/Raleigh-Falls Neuse | $1,599,000 | |
| Listed by Allen Tate/Raleigh-Falls Neuse | |||
| Apr 17, 2015 | Sold | ||
| Sold | |||
| Feb 5, 2015 | Listed by Coldwell Banker HPW | $1,595,000 | |
| Listed by Coldwell Banker HPW | |||
| | |||
|
Gorgeous Custom Built Estate Home has a Fabulous Floor plan and Amazing Yard for Family and Entertaining, Elegant Mill Work and Trim Throughout. Open Kitchen with Custom Cabinets. Wolf Ovens, Subzero Fridge & 2 Dishwashers. First Floor Master Suite with Fire Place and Spa Bath. Large Bedrooms and Bonus Room up. Finished Lower Level leads to Large Backyard with Stone Fire Place, Saltwater Pool and Spa. Four Car Garage.
| |||
| Dec 30, 2005 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Sold On
HOA + Taxes
About Register at Bailey Farm
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Colleen Blatz, Allen Tate/Raleigh-Falls Neuse
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2364030
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2364030
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